Business

Taiwan Shares Close Up 1.11% on Strong Turnover

Taipei: Taiwan shares ended up 503.41 points, or 1.11 percent, at 46,021.48 Thursday on turnover of NT$1.05 trillion (US$32.60 billion).

According to Focus Taiwan, the significant increase in the Taiwan stock market reflects robust trading activity….

Taiex Rises Amid AI Stock Gains Despite Cautious Turnover

Taipei: Shares in Taiwan closed higher Wednesday led by AI-related stocks, while turnover was limited ahead of U.S. consumer price index (CPI) data due later in the day, dealers said. The Taiex, the Taiwan Stock Exchange’s benchmark index, ended up 39…

Hon Hai Achieves Record Q2 Net Profit Amid AI Surge

Taipei: Taiwan-based manufacturing giant Hon Hai Precision Industry Co. reported its highest-ever net profit for the second quarter on Wednesday, with cloud and networking devices accounting for more than 50 percent of its revenue during the current A…

Hon Hai Plans Major AI Production Expansion with 2026 Capex Focus

Taipei: Taiwan-based Hon Hai Precision Industry Co. announced Wednesday that its capital expenditure for 2026 will be directed towards expanding AI production capabilities, emphasizing its commitment to bolstering global research and development (Rand…

Taiwan Shares Close Up 0.88% Amid Strong Turnover

Taipei: Taiwan shares ended up 397.35 points, or 0.88 percent, at 45,518.07 Wednesday on turnover of NT$858.73 billion (US$26.66 billion).

According to Focus Taiwan, the local stock market witnessed a positive session with its benchmark index climbi…